Fubon Financial

Equality in the Workplace

Fubon Financial Holdings embraces the core values of integrity, sincerity, professionalism and innovation when serving customers and insisting on treating all employees with a fair, impartial, attentive and caring attitude. We respect workplace diversity, and any individual with the requisite ability and qualifications for a position will be treated equally and not discriminated against regardless of race, class, language, ideology, religion, political affiliation, birthplace, gender, sexual orientation, age, marital status, appearance, facial features, disabilities or any other factor. Appropriate HR management guidelines, covering organization management, recruiting and hiring, attendance, compensation, employee rewards and punishment, training development, employee relations, and insurance benefits, have been established to create a fair and healthy work environment free of discrimination and sexual harassment.

Fubon firmly believes that every employee should be treated fairly and with respect and that the organization should embrace the spirit of the Universal Declaration of Human Rights and the UN Guiding Principles on Business and Human Rights and respect internationally recognized human rights. Fubon is committed to upholding and respecting the core labor standards articulated in the Universal Declaration of Human Rights and International Labor Organization declarations. No human rights violations or incidents of gender discrimination or discrimination against indigenous peoples have occurred this year.

Because Fubon’s operations are mostly in Taiwan, the vast majority of our employees come from Taiwan. We have always abided by labor laws, and we do not hire child workers. If we hire a foreign national, the hiring is handled based on two statutes: the Employment Services Act and the Regulations on the Permission and Administration of the Employment of Foreign Workers. Fubon also complies with Republic of China statutes and International Labor Organization directives that strictly prohibit all forms of forced labor, and we have never forced or coerced individuals to perform tasks they were unwilling to do.

Work Location

As of the end of 2014

Fubon Financial

Taipei Fubon Bank

Fubon Life (Outside Agents)

Fubon Life (Office Staff)

Fubon Insurance

Fubon Securities

Total

Taiwan

Men

47

2,325

6,675

934

1,345

747

12,073

Women

97

4,139

10,651

2,166

1,119

1,355

19,527

Overseas

Men

0

42

0

8

38

1

89

Women

0

15

0

4

6

0

25

Total

144

6,521

17,326

3,112

2,508

2,103

31,714

Note: The Taiwan workforce in this chart includes 8 foreign nationals.

New Employees in 2014

As of the end of 2014

Fubon Financial

Taipei Fubon Bank

Fubon Life (Office Staff)

Fubon Insurance

Fubon Securities

Total

Employees at end of 2014

144

6,521

3,112

2,508

2,103

14,388

New hires In 2014/ total employee sat end of 2014

26.39%

19.21%

8.45%

10.61%

7.42%

13.73%

Taiwan

Women

Under 30

6

306

71

90

21

494

30-49

21

430

87

30

53

621

50 and Over

2

9

2

2

4

19

Men

Under 30

1

200

40

88

25

354

30-49

8

297

61

54

50

470

50 and Over

0

11

2

2

3

18

Overseas

Women

Under 30

0

0

0

0

0

0

30-49

0

0

0

0

0

0

50 and Over

0

0

0

0

0

0

Men

Under 30

0

0

0

0

0

0

30-49

0

0

0

0

0

0

50 and Over

0

0

0

0

0

0

Total

38

1,253

263

266

156

1,976

Note: Fubon Life’s outside sales agents were not included in these figures because of the special nature of their jobs.

New Employee Attrition and Turnover Rate

As of the end of 2014

Fubon Financial

Taipei Fubon Bank

Fubon Life (Office Staff)

Fubon Insurance

Fubon Securities

Total

Total New Employeesin 2014

38

1,253

263

266

156

1,976

New Employee Turnover Ratein 2014

5.26%

23.78%

10.65%

12.78%

7.69%

18.93%

Taiwan

Women

Under 30

1

69

9

11

2

92

30-49

1

82

13

7

2

105

50 and Over

0

4

0

0

0

4

Men

Under 30

0

62

2

11

3

78

30-49

0

74

4

5

5

88

50 and Over

0

7

0

0

0

7

Overseas

Women

Under 30

0

0

0

0

0

0

30-49

0

0

0

0

0

0

50 and Over

0

0

0

0

0

0

Men

Under 30

0

0

0

0

0

0

30-49

0

0

0

0

0

0

50 and Over

0

0

0

0

0

0

Total

2

298

28

34

12

374

Notes:1. New employee turnover rate = number of new employees who left/total new employees.2. Fubon Life’s outside sales agents were not included in these figures because of the special nature of their jobs.

Fubon Financial Holdings has always abided by national labor laws and regulations and protected workers’ legal rights. Its employment policies do not discriminate in any way. Any individual with an interest and related expertise in the financial services industry, regardless of gender, age, race or ethnicity, religion or political affiliation, and the requisite ability and qualifications for a position has an equal opportunity at being hired. Fubon also truly cares for disadvantaged employees and insists on providing a comfortable and fair workplace environment that enables every employee to fully harness their skills and work hard in unison with the Company. In 2014, Fubon Financial Holdings and its subsidiaries employed 372 people with disabilities, 64 more than required by law. The number of employees with disabilities exceeding the statutory minimum was 60% higher than in 2013.

No. of People with Disabilities Employed as of the End of 2014

As of the end of 2014

Fubon Financial

Taipei Fubon Bank

Fubon Life

Fubon Insurance

Fubon Securities

Total

No. of Disabled Persons Employed

1

75

227

36

33

372

Legally Mandated No. of Employees with Disabilities

1

66

203

17

21

308

No. of Employees with Disabilities Beyond Legal Requirement

0

9

24

19

12

64

Note: The number of employees with disabilities is based on a weighted calculation (each person certified as having moderate disabilities counts as two people employed).

As of the end of 2014, Fubon Financial Holdings had 31,714 employees, of which 19,552, or 61.65%, were women. There were also 33 hourly workers (of which 19, or 57.6%, were women) and 33 massage workers on fixed-term contracts (of which 14, or 42.4%, were women). In an industry where women tend to comprise the majority of the workforce, Fubon does not discriminate based on gender when it comes to employee advancement. Of its 5,777 supervisors at the end of the year, 3,342, or 57.85%, were women. Overall, Fubon’s staff continued to show steady growth, and women earned a reasonable share of the promotions to managerial positions.

Employee Type/Age/Gender Distribution

As of the end of 2014

Fubon Financial

Taipei Fubon Bank

Fubon Life (Outside Agents)

Fubon Life (Office Staff)

Fubon Insurance

Fubon Securities

Total

Supervisors

Men

Under 30

0

0

633

0

0

0

633

30-49

3

11

1,180

23

17

40

1,274

50 and Over

6

26

321

59

67

49

528

Total

9

37

2,134

82

84

89

2,435

Women

Under 30

0

0

449

0

0

0

449

30-49

7

6

1,941

28

4

12

1,998

50 and Over

6

9

845

21

4

10

895

Total

13

15

3,235

49

8

22

3,342

Note: The supervisors counted in the above chart are division/department managers and above.